The global magnet materials market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The permanent magnetic materials segment is expected to have the largest market share at 59%. The demand for permanent magnetic materials is driven by their use in automotive and aerospace applications. Permanent magnets are used in motors, generators, transformers, and other electrical equipment. Soft magnetic materials are used in energy and power applications such as electric motors and generators. They are also used in industrial equipment such as pumps, fans, compressors, conveyor belts etc, consumer electronics & home appliance applications such as speakers and headphones etc, scientific & medical application such as MRI machines etc,.
Some Of The Growth Factors Of This Market:
- The increasing demand for magnetic materials in the automotive industry is a major factor driving the growth of the magnet materials market.
- The increasing demand for magnetic materials in wind turbines is a major factor driving the growth of the magnet materials market.
- The increasing demand for magnetic materials in medical devices is a major factor driving the growth of the magnet materials market.
- The increasing demand for magnetic material in consumer electronics is a major factor driving the growth of the magnet material market.
- Increasing use of permanent magnets to replace electromagnets will drive this market.
Industry Growth Insights published a new data on “Magnet Materials Market”. The research report is titled “Magnet Materials Market research by Types (Permanent Magnetic Materials, Soft Magnetic Materials, Permanent Magnetic Materials has the largest market share segment at 59%), By Applications (Automotive & Aerospace, Energy & Power, Industrial Equipment, Consumer Electronics&Home Appliance, Scientific & Medical, Others), By Players/Companies Hitachi Metals Group, TDK, Zhong Ke San Huan Hi-Tech, DMEGC Magnetics, JPMF, Ningbo Yunsheng, AT&M, Shin-Etsu, Zhenghai Magnetic Material, Innuovo, VAC, Arnold Magnetic, Galaxy Magnets, TDG, JL MAG”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnet Materials Market Research Report
By Type
Permanent Magnetic Materials, Soft Magnetic Materials, Permanent Magnetic Materials has the largest market share segment at 59%
By Application
Automotive & Aerospace, Energy & Power, Industrial Equipment, Consumer Electronics&Home Appliance, Scientific & Medical, Others
By Companies
Hitachi Metals Group, TDK, Zhong Ke San Huan Hi-Tech, DMEGC Magnetics, JPMF, Ningbo Yunsheng, AT&M, Shin-Etsu, Zhenghai Magnetic Material, Innuovo, VAC, Arnold Magnetic, Galaxy Magnets, TDG, JL MAG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Magnet Materials Market Report Segments:
The global Magnet Materials market is segmented on the basis of:
Types
Permanent Magnetic Materials, Soft Magnetic Materials, Permanent Magnetic Materials has the largest market share segment at 59%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive & Aerospace, Energy & Power, Industrial Equipment, Consumer Electronics&Home Appliance, Scientific & Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi Metals Group
- TDK
- Zhong Ke San Huan Hi-Tech
- DMEGC Magnetics
- JPMF
- Ningbo Yunsheng
- AT&M
- Shin-Etsu
- Zhenghai Magnetic Material
- Innuovo
- VAC
- Arnold Magnetic
- Galaxy Magnets
- TDG
- JL MAG
Highlights of The Magnet Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Permanent Magnetic Materials
- Soft Magnetic Materials
- Permanent Magnetic Materials has the largest market share segment at 59%
- By Application:
- Automotive & Aerospace
- Energy & Power
- Industrial Equipment
- Consumer Electronics&Home Appliance
- Scientific & Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnet Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnet materials are substances that have the ability to attract and hold metal objects, such as screws, nails, and other small pieces of metal.
Some of the key players operating in the magnet materials market are Hitachi Metals Group, TDK, Zhong Ke San Huan Hi-Tech, DMEGC Magnetics, JPMF, Ningbo Yunsheng, AT&M, Shin-Etsu, Zhenghai Magnetic Material, Innuovo, VAC, Arnold Magnetic, Galaxy Magnets, TDG, JL MAG.
The magnet materials market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Magnet Materials Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Magnet Materials Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Magnet Materials Market - Supply Chain
4.5. Global Magnet Materials Market Forecast
4.5.1. Magnet Materials Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Magnet Materials Market Size (000 Units) and Y-o-Y Growth
4.5.3. Magnet Materials Market Absolute $ Opportunity
5. Global Magnet Materials Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Magnet Materials Market Size and Volume Forecast by Type
5.3.1. Permanent Magnetic Materials
5.3.2. Soft Magnetic Materials
5.3.3. Permanent Magnetic Materials has the largest market share segment at 59%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Magnet Materials Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Magnet Materials Market Size and Volume Forecast by Application
6.3.1. Automotive & Aerospace
6.3.2. Energy & Power
6.3.3. Industrial Equipment
6.3.4. Consumer Electronics&Home Appliance
6.3.5. Scientific & Medical
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Magnet Materials Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Magnet Materials Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Magnet Materials Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Magnet Materials Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Magnet Materials Demand Share Forecast, 2019-2026
9. North America Magnet Materials Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Magnet Materials Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Magnet Materials Market Size and Volume Forecast by Application
9.4.1. Automotive & Aerospace
9.4.2. Energy & Power
9.4.3. Industrial Equipment
9.4.4. Consumer Electronics&Home Appliance
9.4.5. Scientific & Medical
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Magnet Materials Market Size and Volume Forecast by Type
9.7.1. Permanent Magnetic Materials
9.7.2. Soft Magnetic Materials
9.7.3. Permanent Magnetic Materials has the largest market share segment at 59%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Magnet Materials Demand Share Forecast, 2019-2026
10. Latin America Magnet Materials Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Magnet Materials Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Magnet Materials Market Size and Volume Forecast by Application
10.4.1. Automotive & Aerospace
10.4.2. Energy & Power
10.4.3. Industrial Equipment
10.4.4. Consumer Electronics&Home Appliance
10.4.5. Scientific & Medical
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Magnet Materials Market Size and Volume Forecast by Type
10.7.1. Permanent Magnetic Materials
10.7.2. Soft Magnetic Materials
10.7.3. Permanent Magnetic Materials has the largest market share segment at 59%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Magnet Materials Demand Share Forecast, 2019-2026
11. Europe Magnet Materials Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Magnet Materials Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Magnet Materials Market Size and Volume Forecast by Application
11.4.1. Automotive & Aerospace
11.4.2. Energy & Power
11.4.3. Industrial Equipment
11.4.4. Consumer Electronics&Home Appliance
11.4.5. Scientific & Medical
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Magnet Materials Market Size and Volume Forecast by Type
11.7.1. Permanent Magnetic Materials
11.7.2. Soft Magneti Materials
11.7.3. Permanent Magnetic Materials has the largest market share segment at 59%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Magnet Materials Demand Share, 2019-2026
12. Asia Pacific Magnet Materials Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Magnet Materials Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Magnet Materials Market Size and Volume Forecast by Application
12.4.1. Automotive & Aerospace
12.4.2. Energy & Power
12.4.3. Industrial Equipment
12.4.4. Consumer Electronics&Home Appliance
12.4.5. Scientific & Medical
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Magnet Materials Market Size and Volume Forecast by Type
12.7.1. Permanent Magnetic Materials
12.7.2. Soft Magnetic Materials
12.7.3. Permanent Magnetic Materials has the largest market share segment at 59%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Magnet Materials Demand Share, 2019-2026
13. Middle East & Africa Magnet Materials Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Magnet Materials Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Magnet Materials Market Size and Volume Forecast by Application
13.4.1. Automotive & Aerospace
13.4.2. Energy & Power
13.4.3. Industrial Equipment
13.4.4. Consumer Electronics&Home Appliance
13.4.5. Scientific & Medical
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Magnet Materials Market Size and Volume Forecast by Type
13.7.1. Permanent Magnetic Materials
13.7.2. Soft Magnetic Materials
13.7.3. Permanent Magnetic Materials has the largest market share segment at 59%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Magnet Materials Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Magnet Materials Market: Market Share Analysis
14.2. Magnet Materials Distributors and Customers
14.3. Magnet Materials Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Hitachi Metals Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TDK
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zhong Ke San Huan Hi-Tech
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DMEGC Magnetics
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. JPMF
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ningbo Yunsheng
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AT&M
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shin-Etsu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhenghai Magnetic Material
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Innuovo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. VAC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Arnold Magnetic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Galaxy Magnets
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TDG
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. JL MAG
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook